Death and taxes are the two main constants in life. While most of us worry when April 15th comes a knockin’, the corporate CEOs take the Bobby McFarrin approach – Don’t Worry, Be Happy. The reason for this laid back attitude when it comes to paying the tax man is that they’ve got their [...]
Pro Right-to-Work wingnut Walker supporter, Diane Hendricks, star of the now-famous video where Walker declares his intent to “divide and conquer,” paid no corporate income taxes in 2005, 2006, 2007 and 2008.
During a three-month period in 2012, Hendricks donated $500,000 to Walker’s campaign, according to the Wisconsin Democracy Campaign. She is the largest [...]
Submitted without comment.
At least not according to Citizens for Tax Justice and the Institute on Taxation and Economic Policy who surveyed 280 multi-billion-dollar companies and found the effective tax rate averaged 18.5%, not the 35% statutory rate the TeaOP are so fond of quoting. Sorry, Paul. Wrong again.
Paul Ryan (R- Wall St.) likes to tell anyone who will listen that we have the highest (or second highest) corporate tax rate in the world.
>H/T Bob Cesca:
The United States actually has the second LOWEST corporate tax rate in the world.
Ryan may actually be telling the truth, [...]